TQQQ is trading 4.5% up today as growth and tech stocks rebound, driven by a 1.5% rise in the Nasdaq-100 and optimism surrounding the Q2 earnings season.

  • Nvidia’s disclosed 9.3% stake in AI cloud provider Nebius Group is providing a sector-wide lift to technology and AI-related stocks.
  • The 3x leveraged ETF is outperforming the broader market despite lingering Middle East geopolitical risks.